📡 Hourly News | 04:00-05:00
1. US President Trump signs an executive order requiring federal executive departments to replace the wording “Artificial Intelligence (AI)” with “Super Intelligence (SI)” and “superintelligence” in non-legal documents. The White House says the new phrasing better reflects capabilities of technological development, and the definition of AI in legal texts remains unchanged.
2. California Attorney General Rob Bonta’s office announces that it has served OpenAI with a subpoena to investigate matters related to its operations and AI models, with a focus on cybersecurity risks of AI models and developer responsibilities. The scope of the investigation also includes the Hugging Face intrusion incident that was formally opened for investigation last month.
3. The United States has withdrawn all B-1 bombers deployed at an Air Force base in the UK. US officials say this is due to threats of an attack on the base that were planned by Iran.
4. An accident occurs at a laboratory in Russia’s Irkutsk region, releasing a “particularly dangerous” pathogen. A 28-year-old lab technician, Daria Shipilova, becomes infected. She works at the Irkutsk Institute for Plague Research and died two days after being hospitalized, after which local reports emerged about a deadly virus outbreak.
5. The International Monetary Fund (IMF) has approved $138 million in funding to El Salvador. Previously, the country received a waiver related to requirements accumulated from Bitcoin. The agreement also requires El Salvador to reduce its direct involvement in cryptoassets.
6. Last week, the volume of crude oil exports passing through the Strait of Hormuz exceeded 14 million barrels per day, the first time it has reached that level since the outbreak of the Iran war. It rebounded by about 210% from March’s low of roughly 4.5 million barrels per day and is currently around 80% of pre-war volumes. However, the transport volume of refined products such as gasoline, diesel, and jet fuel remains only about 50% of pre-war levels.
7. A Hollywood developer has unveiled a $450 million film industry revitalization plan, with the core project being Echelon Studios Hollywood. The site’s signature design features a top-level landmark surrounded by a set of landscaped private bungalows around a 25,000-square-foot elevated courtyard, offering views of the Hollywood Hills.
8. The real-estate tech company PLACE has completed its acquisition of Maxwell. Maxwell is an AI-driven mortgage technology and services platform that serves more than 400 financial institutions and facilitates transactions worth over $130 billion each year. This acquisition will integrate Maxwell’s technology and services capabilities into PLACE’s mortgage technology platform.
1. US President Trump signs an executive order requiring federal executive departments to replace the wording “Artificial Intelligence (AI)” with “Super Intelligence (SI)” and “superintelligence” in non-legal documents. The White House says the new phrasing better reflects capabilities of technological development, and the definition of AI in legal texts remains unchanged.
2. California Attorney General Rob Bonta’s office announces that it has served OpenAI with a subpoena to investigate matters related to its operations and AI models, with a focus on cybersecurity risks of AI models and developer responsibilities. The scope of the investigation also includes the Hugging Face intrusion incident that was formally opened for investigation last month.
3. The United States has withdrawn all B-1 bombers deployed at an Air Force base in the UK. US officials say this is due to threats of an attack on the base that were planned by Iran.
4. An accident occurs at a laboratory in Russia’s Irkutsk region, releasing a “particularly dangerous” pathogen. A 28-year-old lab technician, Daria Shipilova, becomes infected. She works at the Irkutsk Institute for Plague Research and died two days after being hospitalized, after which local reports emerged about a deadly virus outbreak.
5. The International Monetary Fund (IMF) has approved $138 million in funding to El Salvador. Previously, the country received a waiver related to requirements accumulated from Bitcoin. The agreement also requires El Salvador to reduce its direct involvement in cryptoassets.
6. Last week, the volume of crude oil exports passing through the Strait of Hormuz exceeded 14 million barrels per day, the first time it has reached that level since the outbreak of the Iran war. It rebounded by about 210% from March’s low of roughly 4.5 million barrels per day and is currently around 80% of pre-war volumes. However, the transport volume of refined products such as gasoline, diesel, and jet fuel remains only about 50% of pre-war levels.
7. A Hollywood developer has unveiled a $450 million film industry revitalization plan, with the core project being Echelon Studios Hollywood. The site’s signature design features a top-level landmark surrounded by a set of landscaped private bungalows around a 25,000-square-foot elevated courtyard, offering views of the Hollywood Hills.
8. The real-estate tech company PLACE has completed its acquisition of Maxwell. Maxwell is an AI-driven mortgage technology and services platform that serves more than 400 financial institutions and facilitates transactions worth over $130 billion each year. This acquisition will integrate Maxwell’s technology and services capabilities into PLACE’s mortgage technology platform.